Home / Articles / FTSE 100 slides as traders resume work

FTSE 100 slides as traders resume work

London’s leading shares tumbled in early Tuesday trading as the City returned to work after the long Bank Holiday weekend.Shortly after opening, the benchmark FTSE 100 index was down 64.86 points or 0.88% at 7,336.60.Banks led the downward trend, with Standard Chartered shedding 2.6% and Barclays dropping 2.2%.At the other end of the scale, mining stocks were buoyant. Randgold Resources was up 3.6%, while Fresnillo rose 3%.Shares in troubled doorstep lender Provident Financial looked set for a fourth consecutive session of gains, adding 0.2%, following their 66% plunge on Tuesday last week.On the currency markets, the pound was up 0.2% against the dollar at $1.2959, but down 0.19% against the euro at 1.0774 euros.
Source: BBC News

About Business Ideas UK

My name is Joel Bissitt. I have been an entrepreneur for 24 years and have run many small businesses across various sectors. For the last 10 years I have worked mainly within online media, franchising and small business start-ups.

Check Also

Another 40 Poundworld stores to close

Forty more Poundworld stores are to close later this month, leading to the loss …

Free Franchise Guide
close slider

Free Franchise Guide

Interested in buying a franchise? The our FREE Franchise Guide is a must! The guide contains lots of information to help you decide if franchising is right for you.

Yes, I'd like to join the Franchise UK mailing list.